Germany Set to Approve €2.9 Billion in Arms in Defense Surge
Photographer: Daniel Karmann/picture alliance/Getty Images
German lawmakers are set to approve spending €2.9 billion ($3.4 billion) on 11 military procurement contracts, including for drones, rifles and missiles, in deals that will go largely to domestic manufacturers.
The defense ministry asked parliament to give the green light for the orders, including the purchase of as many as 250,000 G95 assault rifles from Heckler & Koch for €765 million, according to procurement documents seen by Bloomberg News. Lawmakers are expected to approve the purchases at a closed-door meeting next week.